These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinions
According to Newshound Guru Pimpy :
It is anticipated that over the next few years, the value of the Iraqi dinar will gradually increase. However, predicting where the dinar will stand is difficult given that the United States is unlikely to relinquish control over Iraq’s resources and the country is frequently troubled.
According to Iraqi Dinar Newshound Guru Militia Man :
This man is interesting. He is complimenting Al-Sudani, but also criticizing him a little. Al-Sudani had previously told his people that the Sudanese dinar was stronger than the US dollar, but this man is pointing out that this is not currently the case. In fact, the opposite is true. The article quotes “The Sudanese confirm that the dinar is stronger than the dollar but the reality is currently the opposite.” He is not incorrect at this moment, but the plan is for the dinar to eventually become stronger than the dollar.
According to Intel Guru Frank26 :
It is highly unlikely that Iraq will revalue its currency at a rate of 1,000 to 1. Such a move would cause their country’s inflation rate to increase to an alarming 40%, which is twice the current rate of 20%. It makes no sense to introduce their new currency at a rate of 1 to 1 either, as it would not achieve their desired outcome. Instead, they should aim to reintroduce their currency above 1 to 1, in order to remove the three zeros. This would have been more effective had they done it earlier. However, they have now stalled and there is only one rate in play. These are exciting times.
According to Iraqi Dinar Newshound Guru Breitling :
When it comes to the Iraqi dinar, I believe in proof over faith. I consider myself a puritan, and I have faith in my abilities, but I don’t have faith in anything that cannot be proven. If someone were to ask me if I have faith in something, my answer would be no.
According to Newshound/Intel Guru Walkingstick :
Aki received an update from his friend who works at an Iraqi bank. Aki’s friend, who is also his boss, advised him to stay put and continue working at his current bank in the southern part of a northern state. Although Aki wants to move to the north and stay there because he has a home there, his boss’s advice implies that something important might be happening in the banking industry.
According to Iraqi Dinar Newshound Guru Sandy Ingram :
There is a global shortage of wheat due to Russia’s invasion of Ukraine. As a result, next year, flour prices in the United States are expected to rise sharply due to drought. In the Middle East, dunums are used as the unit of measurement for land. One acre is equivalent to approximately 4 dunums. To ensure food security for the coming year, Iraq plans to plant 1.5 million dunums in irrigated areas of the desert and 4 million dunums in desert areas with underground water. This planning event will take place during the winter months of October and November.
According to Newshound Guru Pimpy :
Iraq is making efforts to improve the lives of its people by focusing on the banking sector and strengthening its economy. However, ongoing conflicts are causing significant delays and problems in the country. At this time, it is essential to address these issues and work towards a more stable and prosperous future for Iraq.
According to Iraqi Dinar Intel Guru Frank26 :
[Iraq boots-on-the-ground report] In the conversation, Firefly informs Frank that Sudani, a government spokesman, sent a message through Iraqi Channel One, stating that the dinar will be stronger than the dollar. Sudani’s message is being broadcasted with clips of past video speeches, where he has mentioned that the dinar will play a significant role in the Middle East and will contribute towards the global financial world’s stability. Firefly thinks that this is a positive development for the monetary reform.[Post 1 of 2….stay tuned]
According to Newshound Guru Militia Man :
According to an article, the government’s plan was to establish 1,600 projects, but they haven’t funded anything yet or shown any money to be spent. However, the article also mentions that the budget for ongoing projects will be reaching the government in the coming days, which refers to the 2023, 24, 25 budget. It is important to note that they have been paying for all of these projects in dollars, and with the dollar’s value expected to decrease by January, this may pose a problem.
According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :
Based on my knowledge, I strongly believe that the exchange rate of 1/6 of a penny is being artificially suppressed. Even without any banking reforms or other economic developments, the rate should be at least equal to what it was prior to the 1991 invasion and the 10-year boycott. Considering all the assets that Iraq has, the rate should even be higher.
According to Intel Guru Frank26 :
Yesterday marked the end of the two weeks Sudani had requested from Iraqi citizens. He promised to be transparent and answer all questions, but the citizens were only interested in one thing – the exchange rate. Soon after, Sudani sent one of his trusted officials to Channel One News to address the public. Stay tuned for Boots on the Ground Fire Fly’s report on what the official had to say about the dinar exchange rate.
According to Iraqi Dinar Intel Guru MarkZ :
There has been a lot of repetition in the news lately regarding the improvements in the banking system in Iraq. Many articles have been shared over the past few days/weeks, highlighting how they have secured their borders and attracted more money into the banks. However, 85% of the dinar is still outside the banking system in Iraq, and they are trying to make their banking system more attractive. Unfortunately, it’s unlikely to be successful until there’s a change in the dinar’s value. After all, why put money in the banks when it’s not worth much?
